SubtleBlade ⚔️Apr 28, 2024

#ThamesWater collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

Officials in the #Treasury and the UK’s #DebtManagementOffice fear that, unless the #UK’s biggest #WaterCompany is #renationalised as soon as possible, “prolonged uncertainty” about its fate could “damage confidence in UK plc at a sensitive time”, with elections in the UK and the US later this year.
https://www.theguardian.com/business/2024/apr/28/thames-water-collapse-borrowing-whitehall-uk-finances-bonds-liz-truss
#ToryPoliciesInAction #ThatchersLegacy

Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general election

The Guardian
Jeremy PembertonDec 1, 2022
Read this and tell me why on earth utilities should not be #renationalised! It just makes me feel #sick and #angry. No wonder we are drowning in raw #sewage.
Revealed: more than 70% of English water industry is in foreign ownership https://www.theguardian.com/environment/2022/nov/30/more-than-70-per-cent-english-water-industry-foreign-ownership?CMP=Share_AndroidApp_Other
Revealed: more than 70% of English water industry is in foreign ownership

Guardian unpicks complex web of investment firms, wealth funds and tax haven-based businesses that own most of sector

The Guardian
Show threadDick Smiths Fair Go SupportersOct 27, 2021

@yuki
Yes. We've been saying #NFT are #moneyLaundering for a while.

Govt need to start investigating people living a bit too comfortably. We would recommend investigating anyone investing in property since the #pandemicCrash.

BlindTrusts need to be illegal, and LandRegistries need to be #reNationalised (in 2017 they we leased to the #merchantBanker class for 30-99 years!! in #Australia).

#crime #moralHazard #blindTrusts